fbpx
Skip to main content
ONLINE BANKING LOGIN

Mobile Deposit is now Free
Generic FNB Header Image

ICBA and FNB Bank: Community Banks Create Stronger Communities

MARCH 31, 2022

In honor of Community Banking Month in April, FNB Bank and the Independent Community Bankers of America (ICBA) are shining a spotlight on community bank efforts to create economic prosperity for Americans in urban, suburban, and rural communities nationwide.

“As a local small business ourselves, we are invested in building the prosperity of our customers, while enhancing the community we all call home,” said Sally Hopkins, FNB President & CEO. “FNB invites our local citizens to explore how we can help them throughout their financial journey as we work together to help them achieve their personal and business goals—all while keeping deposits local and boosting our local community.”

As financial first responders, community banks serve as pillars of support for their customers through good and challenging times. Collectively, community banks make more than 60 percent of small-business loans, more than 80 percent of agriculture loans, and contribute tax dollars that help maintain local municipalities. Community banks:

  • Are America’s most trusted lenders and have an 81 percent net satisfaction score compared to 68 percent for large banks and just 43 percent for online lenders, according to a Federal Reserve study.
  • Are committed lenders with loan growth that has outpaced noncommunity banks for nine years.
  • Demonstrate safety and soundness with higher capital ratios and better loan quality than the largest institutions.
  • Offer high-touch, high-tech service. This gives consumers access to modern-day conveniences while maintaining the high-quality customer service for which community banks are known.
  • Have a track record in helping underserved Americans by providing greater flexibility to low-income and minority borrowers.
  • Understand and embrace local small businesses. In fact, community banks made 60 percent of total Paycheck Protection Program loans to small businesses and provided 72 percent of PPP loans to minority business owners that reported such data.
  • Give back to their communities. Civic service is a way of life for community bankers as reflected in ICBA’s National Community Bank Service Awards.

“Community banks serve their customers with care and embrace their role as financial stewards because catering to the needs of their customers is intrinsic to their business philosophy and central to creating life-long relationships,” ICBA President and CEO Rebeca Romero Rainey said. “ICBA is honored to represent these civic-minded servants and to support their efforts to build better communities—one loan, one customer at a time.”

About Bank Name

FNB Bank, founded in 1875, is one of the oldest banks in the state of Kentucky with assets exceeding 650 million.  FNB ranks among the highest in the nation in the area of safety and soundness. FNB is a 2021 and 2022 ‘Best Places to Work in Kentucky’ Small Business Category Award Winner.  The bank currently has nine locations located in Graves, McCracken, Calloway and Trigg County, with another office coming soon in 2022 in Marshall County.  FNB is member FDIC and an Equal Housing Lender.

About ICBA

The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.

 With nearly 50,000 locations nationwide, community banks constitute roughly 99 percent of all banks, employ nearly 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding nearly $5.9 trillion in assets, over $4.9 trillion in deposits, and more than $3.5 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org

CONTACT
FNB MAIN OFFICE
Call 270-247-1758
Toll Free 888-934-2536
LOCATE
YOUR FNB BRANCH
GET THE APP
FNB MOBILE APP
Download the app that dials up convenience
Download the app in the Apple App Store Download the app in the Android App Store